Because of the concessional treatment that is available to active assets under the small business capital gains tax concessions in Australia under our current tax provisions, particular importance and consideration needs to be given to the type of entity that should house the particular capital assets
treasury

Some important factors :

  • Is the asset commercial real property which may qualify for the small business capital gains tax concessions if it was ever to be sold.
  • Is the asset Goodwill which may qualify for the small business capital gains tax concessions if it was ever to be sold.
  • Is the asset a residential property which will qualify for the principal place of residence exemption.
  • Is the asset Intellectual Property not eligible for the research and development allowance.
Services
Services

We specialise in providing tax, accounting, and strategic advice to business owners, high net worth individuals and their families.

Learn about BPC Accounting Services
Contact Us

Phone us on (03) 8602 6100 or contact us via our online enquiry forms.

Send an email enquiry